Reply to If you classify yourself as UMC, how much do you spend in total each month?

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Reply to "If you classify yourself as UMC, how much do you spend in total each month?"

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[quote=Anonymous][quote=Anonymous]It doesn’t seem people are factoring the big expenses. Vacations can add up. Also how about new cars or home renovations. I feel like we update a room in our house every 2-3 years. A car every 5 or so years.

We make 440-550k depending on bonus. Our regular spending is about 11k. But that doesn’t include vacations and car/home projects. Those are big one off things but they happen frequently and are big line items.[/quote]

We are the PP with the 550k-700k HHI. We did all our home renovations when we first moved in and we recently re-renovated our master bath, kitchen counters, cabinet doors, and refinished our staircase with wrought iron balusters. We did most of the second round of renovations ourselves. DH and I redid our master bath in 6 months. We installed the cabinet doors ourselves and I redid the back splash by myself. I refinished the staircase by myself and DH and I worked together to install the wrought iron balusters. Material cost for the master bath was 7k, 500 for the backsplash, 8k for new quartz countertops, 5k for new solid cherry flat cabinet doors, and 1200 for wrought iron balusters, plus 150 for stains, paint, etc. However, these costs are reasonable given that we had budgeted 12k for vacations and because of COVID we did not go on a vacation for two years.

As for cars, we drive our cars for at least a decade. [/quote]

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